UBIX Network vs Kaspa

Kaspa (KAS) is 10057.8× the size of UBIX Network (UBX) by market capitalisation. Over the past 30 days, UBX is ahead by 11.3 percentage points (UBX +5.2% against KAS -6.0%). Their daily returns move barely together (correlation 0.30 across 24 shared trading days). UBX has been the more volatile of the two, at 156% annualised against KAS's 106%.

Correlation: 0.30
Size ratio: 1 : 10057.8
Ahead over 30 days: UBX

UBIX NetworkUBX

$1.923e-7

24h: +0.53%
Market cap: $86,184
Volume 24h: $7
Volatility (ann.): 156%

KaspaKAS

$0.031187

24h: -2.36%
Market cap: $866.83M
Volume 24h: $10.24M
Volatility (ann.): 106%

UBX 0.0%Share of the two combined market caps100.0% KAS

Performance

UBXKAS

7 days-25.02%-13.57%KAS
30 days+5.22%-6.03%UBX

Correlation

0.30over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	UBX	KAS
Max drawdown (400d)	-30.2%	-34.1%
Risk-adjusted return (90d)	0.03	0.21

Relative strength over 90 days: UBX outperformed KAS by 19.0% — measured on the UBX/KAS ratio, so it holds regardless of market direction.

UBIX Network →Kaspa →